factual

What sections of the Even Hotels License Agreement and MTSS detail the franchisee's fee obligations?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

Obligation Section In Agreement Disclosure Document item
f. Fees License: 3.B and 3.C, Attachment A MTSS: 5.0 & Attachment 4-3 to Schedule 4 Items 5, 6 & 7

Source: Item 9 — LICENSEE'S OBLIGATIONS (FDD pages 68–69)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including fee payments. Specifically, it references the sections within the License Agreement and MTSS (Minimum Technical and System Standards) that detail these fee obligations.

The table provided in Item 9 indicates that the franchisee's fee obligations are detailed in License sections 3.B and 3.C, Attachment A, MTSS section 5.0, and Attachment 4-3 to Schedule 4. These sections of the Even Hotels License Agreement and MTSS work together to define the various fees a franchisee must pay, such as initial franchise fees, royalty fees, marketing fees, and other ongoing costs. Item 9 of the FDD also indicates that information regarding fees can be found in Items 5, 6, and 7 of the disclosure document.

For a prospective Even Hotels franchisee, this means carefully reviewing these specific sections of both the License Agreement and the MTSS is crucial to fully understand all fee-related obligations. This includes understanding when each fee is due, how it is calculated, and what it covers. A clear understanding of these obligations is essential for accurate financial planning and to avoid potential disputes with Even Hotels during the franchise term.

It is typical in franchising for the FDD to cross-reference multiple documents and sections when describing franchisee obligations. Franchisees should pay close attention to these cross-references and review all cited materials thoroughly. Consulting with a franchise attorney and financial advisor is highly recommended to ensure a complete understanding of the fee structure and other contractual obligations before investing in an Even Hotels franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.